According to Shoper's latest financial reports and stock price the company's current Operating Margin is 22.28%. At the end of 2023 the company had an Operating Margin of 20.24%.
Year | Operating Margin | Change |
---|---|---|
2023 | 20.24% | 7.18% |
2022 | 18.88% | -51.7% |
2021 | 39.10% | 17.06% |
2020 | 33.40% | 86.52% |
2019 | 17.90% | -3.44% |
2018 | 18.54% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.